Google Stock Rating Reaffirmed by Credit Suisse (GOOGL)

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Google (NASDAQ:GOOGL)‘s stock had its “buy” rating reiterated by investment analysts at Credit Suisse in a note issued to investors on Saturday, MarketBeat reports.

A number of other analysts have also recently weighed in on GOOGL. Analysts at Cantor Fitzgerald reiterated a “buy” rating and set a $625.00 price target on shares of Google in a research note on Friday. Analysts at Needham & Company LLC reiterated a “buy” rating and set a $675.00 price target on shares of Google in a research note on Wednesday. Analysts at Axiom Securities reiterated a “hold” rating and set a $615.00 price target on shares of Google in a research note on Thursday, July 2nd. Analysts at Mizuho initiated coverage on shares of Google in a research note on Thursday, June 25th. They set a “neutral” rating and a $595.00 price target on the stock. Finally, analysts at Morgan Stanley set a $565.00 price target on shares of Google and gave the company a “hold” rating in a research note on Monday, June 22nd. Seven research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $625.10.

Shares of Google (NASDAQ:GOOGL) opened at 556.11 on Friday. Google has a one year low of $490.91 and a one year high of $608.91. The stock has a 50-day moving average of $550.05 and a 200-day moving average of $545.31. The company has a market cap of $379.49 billion and a price-to-earnings ratio of 26.28.

Google (NASDAQ:GOOGL) last issued its quarterly earnings data on Thursday, April 23rd. The company reported $5.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.38 by $0.18. On average, analysts predict that Google will post $28.26 earnings per share for the current fiscal year.

Google Inc. (NASDAQ:GOOGL) is a global technology company. The Company’s business is primarily focused around key areas, such as search, advertising, operating systems and platforms, enterprise and hardware products. The Company generates revenue primarily by delivering online advertising. The Company provides its products and services in more than 100 languages and in more than 50 countries, regions, and territories. Effective June 25, 2014, Google Inc acquired Appurify Inc, a San Francisco-based developer of mobile bugging application software. Effective 23, July, 2014, Google Inc acquired drawElements Oy, a Helsinki-based developer of 3D graphics software. Effective August 6, 2014, Google Inc acquired Tinker Square Inc. Effective August 22, 2014, Google Inc acquired Gecko Design Inc. Effective August 26, 2014, Google Inc acquired Zync Inc. Effective September 10, 2014, Google Inc acquired Lynx Design Inc. Effective September 11, 2014, Google Inc acquired Input Factory Inc.

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